HUB24 white labels for Fortnum



Publicly-listed investment and superannuation platform provider, HUB24, has signed a white label agreement with risk-focused dealer group, Fortnum Financial.
The company announced to the Australian Securities Exchange (ASX) today that under the arrangement new white label would be developed with final agreements to be signed involving the e-Clipse Unified Managed Account and e-Clipse Super services which together currently hold around $650 million on behalf of Fortnum's principal practices.
It said the service were expected to be transferred to the HUB24 platform in the first of next year.
The announcement said the white label platform would include both superannuation and investor directed portfolio services with full integrated custodial and non-custodial assets.
Industry-leading investment and superannuation platform provider HUB24 (ASX: HUB) have signed an agreement to partner with Fortnum Financial Group (Fortnum).
Recommended for you
Women are expected to inherit US$124 trillion through the intergenerational wealth transfer, but Capital Group has found they are twice as likely to rely on social media for advice over a financial adviser.
Challenger Investment Management has raised $350 million during the offer period for its new ASX-listed investment structure.
Strong adviser engagement has helped Praemium reach $1 billion in inflows on its Spectrum offering, with a deal with Western Australian wealth firm Euroz Hartleys expected to add as much as $2 billion.
Franklin Templeton has announced it will close its Australian Core Plus Bond Fund, having changed two fixed income funds in its Brandywine range last week.